⚠️The US equity market has almost NEVER been driven by so few stocks:
The equal-weighted S&P 500 relative to the S&P 500 index has dropped to its lowest level since November 2008.
Over the last 3 years, the S&P 500 has rallied 62% while the equal-weighted index by just 33%. pic.twitter.com/a3846hJPTU
— Global Markets Investor (@GlobalMktObserv) July 1, 2025


